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FINANCIAL NEWS
Dubai’s DPG awards Mudon development’s phase 1 construction contract
21 Mar 2013
(MENAFN) Dubai Properties Group (DPG) stated that it has awarded a contract to Shapoorji Pallonji Mideast for Mudon residential project, reported Arabian Business.
DPG said that Shapoorji Pallonji Mideast would build phase 1 of the project, which includes 348 four-bedroom townhouses.
It added that it would deliver units to clients starting the middle of next year.
The Mudon residential community, which is located in Dubailand district, offers different sizes of land, ranging between 3,200 sq ft and 8,000 sq ft, with each comprising 3,800 sq foot townhouses with 2 living areas, in addition to a maid’s room, 4 bathrooms and courtyard garden.
It is worth noting that in September 2012, DPG announced the resumption of the Mudon development, which was at first announced in 2007 at an estimated cost of USD11 billion.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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